Engro Fertilizers Limited (EFERT)

Dear Clients, Engro Fertilizers Limited (EFERT) held its analyst briefing to discuss financial performance of 1QCY21 and company outlook going forward. Key Highlights – EFERT recorded the highest 1Q profit in the last 5 years as a result of gross margin expansion attributed to higher margin on DAP. – Urea production remained low in 1QCY21… Continue reading Engro Fertilizers Limited (EFERT)

Lotte Chemical Pakistan Limited (LOTCHEM)


Dear Clients, – Lotte Chemical Pakistan Limited (LOTCHEM) announced 4Q2020 results reporting profitability at PkR1.1bn (EPS of PkR0.72/sh), up by 45% YoY, overshooting street consensus. This takes CY2020 earnings to PkR2.1bn as compared to PkR5.4bn reported in CY2019. – Along with the result, the company announced a cash dividend of PkR0.75/sh. – The company posted… Continue reading Lotte Chemical Pakistan Limited (LOTCHEM)